J.W. Cole Advisors Inc. Invests $269,000 in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

J.W. Cole Advisors Inc. bought a new stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 8,353 shares of the company’s stock, valued at approximately $269,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC grew its position in shares of Invesco S&P 500 Pure Growth ETF by 400.0% during the third quarter. HHM Wealth Advisors LLC now owns 3,625 shares of the company’s stock worth $109,000 after acquiring an additional 2,900 shares during the last quarter. Merit Financial Group LLC lifted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 400.6% during the third quarter. Merit Financial Group LLC now owns 26,810 shares of the company’s stock worth $808,000 after purchasing an additional 21,454 shares during the period. Creative Planning lifted its holdings in Invesco S&P 500 Pure Growth ETF by 469.1% in the third quarter. Creative Planning now owns 709,109 shares of the company’s stock valued at $21,380,000 after acquiring an additional 584,497 shares during the period. Delos Wealth Advisors LLC lifted its holdings in Invesco S&P 500 Pure Growth ETF by 394.9% in the third quarter. Delos Wealth Advisors LLC now owns 29,650 shares of the company’s stock valued at $928,000 after acquiring an additional 23,659 shares during the period. Finally, Wambolt & Associates LLC raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 261.0% during the 3rd quarter. Wambolt & Associates LLC now owns 31,046 shares of the company’s stock worth $924,000 after buying an additional 22,446 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Stock Up 0.3 %

NYSEARCA:RPG opened at $34.58 on Friday. The company has a market capitalization of $1.53 billion, a PE ratio of 2.74 and a beta of 1.05. Invesco S&P 500 Pure Growth ETF has a 52-week low of $28.52 and a 52-week high of $37.14. The stock has a fifty day simple moving average of $35.65 and a 200-day simple moving average of $32.97.

About Invesco S&P 500 Pure Growth ETF

Guggenheim S&P 500 Pure Growth ETF, formerly Rydex S&P 500 Pure Growth ETF, seeks to replicate as closely as possible the performance of the S&P 500 Pure Growth Index (the Index). The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index.